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Eagle Point Credit Co (Eagle Point Credit Co) PB Ratio : 1.09 (As of Apr. 24, 2024)


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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Eagle Point Credit Co's share price is $10.02. Eagle Point Credit Co's Book Value per Share for the quarter that ended in Dec. 2023 was $9.21. Hence, Eagle Point Credit Co's PB Ratio of today is 1.09.

Good Sign:

Eagle Point Credit Co Inc stock PB Ratio (=1.09) is close to 1-year low of 1.02

The historical rank and industry rank for Eagle Point Credit Co's PB Ratio or its related term are showing as below:

ECC' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.1   Max: 1.51
Current: 1.09

During the past 7 years, Eagle Point Credit Co's highest PB Ratio was 1.51. The lowest was 0.48. And the median was 1.10.

ECC's PB Ratio is ranked worse than
73.88% of 1692 companies
in the Asset Management industry
Industry Median: 0.93 vs ECC: 1.09

During the past 12 months, Eagle Point Credit Co's average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Eagle Point Credit Co was 2.60% per year. The lowest was -12.60% per year. And the median was -6.50% per year.

Back to Basics: PB Ratio


Eagle Point Credit Co PB Ratio Historical Data

The historical data trend for Eagle Point Credit Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eagle Point Credit Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.38 0.90 1.05 1.18 1.03

Eagle Point Credit Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 1.17 1.18 1.16 1.03

Competitive Comparison

For the Asset Management subindustry, Eagle Point Credit Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eagle Point Credit Co PB Ratio Distribution

For the Asset Management industry and Financial Services sector, Eagle Point Credit Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eagle Point Credit Co's PB Ratio falls into.



Eagle Point Credit Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Eagle Point Credit Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.02/9.205
=1.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Eagle Point Credit Co  (NYSE:ECC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Eagle Point Credit Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Eagle Point Credit Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.
Executives
Trident Ecc Aggregator Lp 10 percent owner C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Ix, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Kenneth P. Onorio officer: CFO / CCO / Secretary 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Thomas P. Majewski director, officer: Chief Executive Officer, other: Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Oa Eagle Group Investors, Llc other: See Remarks below 126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Oa Eagle Group Investors Ii, Llc other: See Remarks below 126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Ottawa Avenue Private Capital, Llc other: See Remarks below 126 OTTAWA AVENUE, NW, SUITE 500, GRAND RAPIDS MI 49503
Scott Johnathan Bronner other: Affiliate of Adviser C/O STONE POINT CAPITAL, 20 HORSENECK LANE, GREENWICH CT 06830
Kevin F. Mcdonald director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Scott W. Appleby director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Nauman S. Malik other: General Counsel of Inv. Adv. 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Paul E. Tramontano director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Daniel M. Spinner other: Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Jerry L Tubergen other: See Remarks below
Eagle Point Credit Management Llc other: Investment Adviser 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830

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